Appointment of new Danske Bank CEO

Issued : 20 November 2015

"IBOA notes the decision of Danske Bank to appoint Mr Kevin Kingston as the incoming Chief Executive of its Northern Ireland operation. We look forward to working with Mr Kingston as the Northern Ireland business moves towards a greater autonomy within the Danske Bank Group," said the Union's General Secretary, Larry Broderick.

"We will seek an early meeting with Mr. Kingston to confirm his intention to build on the foundations established by his predecessor in working with the Bank's staff and their Union representatives to continue to grow the business, based on the principles recently agreed between Danske Bank and IBOA under the auspices of the Labour Relations Agency in Northern Ireland with a view to securing the success of the institution for customers.

"We also place on record our disappointment at the departure of Mr Gerry Mallon as Chief Executive. Mr Mallon has established a positive working relationship with IBOA in recent years which has made a significant contribution - along with the efforts of the Danske Bank staff in returning the bank to profitability after some very difficult years."

(Ends)